- During testing, I will not attempt to find answers on the Internet or through any other means.

- I will not copy any questions or answers from the exam, as the material is copyrighted by Modulus.

- I understand that this exam and certification are free and there are no membership fees, and the purpose of this exam should not be for obtaining gainful employment, as Modulus is not an accredited university.

I hereby agree that:

- During testing, I will not attempt to find answers on the Internet or through any other means.

- I will not copy any questions or answers from the exam, as the material is copyrighted by Modulus.

- I understand that this exam and certification are free and there are no membership fees, and the purpose of this exam should not be for obtaining gainful employment, as Modulus is not an accredited university.

Y

I accept

N

I don’t accept

Regarding the May 6, 2010 flash crash...

Choose as many as you like

A

HFT did not cause the crash but contributed to liquidity imbalances

B

Erroneous HFT algorithms caused the flash crash

C

A fat-finger error in e-mini S&P futures caused the flash crash

OK

press ENTER

FIX Protocol stands for...

Choose as many as you like

A

Financial Information eXecution

B

Financial Information eXchange

C

Financial Intermediary eXchange

D

Financial Integration eXchange

OK

press ENTER

How important is project management for a development of 500 hours?

Where are NASDAQ Points of Presence?

Choose as many as you like

A

Equinix NY4

B

Equinix NY5

C

Equinix CH4

D

Equinix TX3

OK

press ENTER

The vast majority of quant traders program on...

Choose as many as you like

A

Linux

B

Windows

C

Mac

OK

press ENTER

Market data providers often use the following routing scheme...

Choose as many as you like

A

Anycast

B

Geocast

C

Multicast

D

Unicast

OK

press ENTER

What is Swift?

Choose as many as you like

A

A programming language

B

A protocol

C

Both

OK

press ENTER

Which language is the least efficient for developing a CPU intensive, high performance application:

Choose as many as you like

A

C#

B

JavaScript

C

C++

D

Java

OK

press ENTER

Some types of Risk Management include...

Choose as many as you like

A

Stop loss

B

Take profit

C

Trade only a small portion of the account

D

Trade at least 25% of the account

E

Avoid break-even stops

F

Terminal Wealth Relative

OK

press ENTER

What does MVVM mean?

Choose as many as you like

A

Minnesota Vietnam Veterans Memorial

B

Model View View Model

C

Mega Value Volatility Marker

D

Most Valuable Volleyball Mom

OK

press ENTER

If your employer requires that you sign an NDA, but does not pay you for your work, are you still required to honor the NDA?

Choose as many as you like

A

No, I am allowed to void the NDA or resell the intellectual property

B

Yes, it doesn't matter if I am paid or not, that does not void an NDA

C

It depends on the country where the developer or employer resides

OK

press ENTER

An Abandoned Baby is...

Choose as many as you like

A

A baby nobody wants

B

An abandoned brokerage account

C

A candlestick pattern

OK

press ENTER

Spoofing, layering and front running are all normal practices of HFT...

Choose as many as you like

A

True

B

False

OK

press ENTER

A sunshine trader is a trader who...

Choose as many as you like

A

Prefers to trade only in the morning

B

Prefers to trade during the day

C

Tells everyone what they are trading

OK

press ENTER

The MACD indicator is...

Choose as many as you like

A

A volume based moving average

B

A trend-following momentum indicator

C

A momentum oscillator for price change

OK

press ENTER

FinCEN is the...

Choose as many as you like

A

Financial Central Economic Network

B

Financial Crimes Enforcement Network

C

Financial Customs Enforcement Network

D

Financial Constant Enrollment Number

OK

press ENTER

Options were invented for hedging, not for speculation...

Choose as many as you like

A

True

B

False

OK

press ENTER

The Sharpe ratio is...

Choose as many as you like

A

A measure for calculating the risk of margin call

B

A measure for calculating risk-adjusted return

C

A measure for calculating profit and loss

OK

press ENTER

FPGA means...

Choose as many as you like

A

Floating Point Gate Array

B

Fixed Point Gate Array

C

Fast Programming Global Access

D

Fired Programmer Gained Access

OK

press ENTER

Stock exchanges such as NYSE and NASDAQ require...

Choose as many as you like

A

FIX protocol

B

SWIFT protocol

C

Their own proprietary protocol

OK

press ENTER

Which two words do not belong in this list?

Choose as many as you like

A

Sharpe

B

Calmar

C

Fourier

D

Sortino

E

Sterling

F

Gauss

OK

press ENTER

The cross-sectional interaction
of security returns over time is an important aspect of stock-price
dynamics.

Choose as many as you like

A

True

B

False

C

choice 3

OK

press ENTER

Front-running is when...

Choose as many as you like

A

Traders hold an annual marathon on Wall Street. The winner is called the "front-runner"

B

A broker runs an order to the front of the office to make sure it is placed first

C

A dishonest broker allows an order to trade ahead of another order

OK

press ENTER

Are crypto-currency Initial Coin Offerings (ICOs) regulated in the US?